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    Macroeconomics Study Set 39
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    Exam 4: The Monetary System: What It Is and How It Works
  5. Question
    Why Does the Federal Reserve Not Have Complete Control Over
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Why Does the Federal Reserve Not Have Complete Control Over

Question 25

Question 25

Essay

Why does the Federal Reserve not have complete control over the size of the money supply? Give at least two reasons.

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For a given monetary base, controlled by...

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